Professional Diversity Network (NASDAQ:IPDN) Shares Cross Above Fifty Day Moving Average of $1.41

Professional Diversity Network Inc (NASDAQ:IPDN) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1.41 and traded as high as $1.40. Professional Diversity Network shares last traded at $1.22, with a volume of 4,418 shares trading hands.

Separately, ValuEngine raised shares of Professional Diversity Network from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd.

The stock’s 50 day moving average is $1.40 and its two-hundred day moving average is $2.24.

Professional Diversity Network (NASDAQ:IPDN) last posted its earnings results on Wednesday, August 14th. The information services provider reported ($0.15) earnings per share for the quarter. The business had revenue of $1.33 million during the quarter. Professional Diversity Network had a negative net margin of 193.64% and a negative return on equity of 425.01%.

Professional Diversity Network Company Profile (NASDAQ:IPDN)

Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. The company operates through three segments: Professional Diversity Network, National Association of Professional Women, and Noble Voice Operations. It serves various cultural groups, such as women; Hispanic-Americans; African-Americans; Asian-Americans; disabled; military professionals; lesbians, gays, bisexuals, and transgenders; and students and graduates.

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